Aston Martin announces global job cuts of around 5%, expects to save £25 million
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2025-02-27 16:52:36
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Recently, according to media reports, British luxury car manufacturer Aston Martin said it would cut about 5% of its employees worldwide to further reduce costs and promote future investment.
It is reported that about 170 employees will be affected by the layoffs, and it is expected that the layoffs will save about 25 million pounds (about 31.6 million US dollars) in costs. At the same time, the company has once again postponed the release of its first pure electric vehicle until before 2030.
As of December 31, Aston Martin's adjusted pre-tax loss increased by 48.7% to 255.5 million pounds, and its net debt was 1.16 billion pounds, an increase of 43% year-on-year.
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